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Footstar, Inc. (FTS) Message Board

  • thosehayden thosehayden Jan 9, 2004 9:26 AM Flag

    How successful will an aucton Be?

    In the days of Post Enron would you really get anyone bidding for a company whose books aren't certified and you don't know what secrets could be under the hood.

    I agree their is some value here, the question is what ?

    I just don't see how Foot Locker can tell their shareholders we bought a company, but we really are not sure what we bought. In the post Enron days if some dirty laundry comes out in a year, it could cost them their jobs.

    This is going to take some time to unfold, not overnight